Supply Chain India
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Supply Chain India
Hand Picked Supply Chain, Procurement and Logistics News in India
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Can tennis get M&S the desired customer attention?

It has been a decade since UK’s leading retailer Marks & Spencer (M&S) first set its foot on the Indian street. But unfortunately the brand has been struggling to find its feet in the country and place in the consumer mind space. While many global brands that entered around the same time or after M&S, have raced ahead of it.


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PM tells Malaysian companies to tap emerging Indian middle-class

Malaysian companies have been urged to tap into the emerging middle-class in India once the services and investments sectors between Asean and India have been liberalised.

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Giant Indian supermart won't post profits soon

Global retail giants such as Walmart, Carrefour, Tesco and others seeking a foothold in India’s $450 billion retail market may take years before earning profits, going by the experiences of big Indian players in domestic retail.


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'MSMEs, foreign retailers can collaborate for skilling people'

In order to meet the procurement standards required by overseas multi-brand retail firms, think-tank ICRIER today suggested a technical collaboration between small units and foreign retailers to build a pool of skilled professionals.

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Fewer bells ring for apparel exports this Christmas

Fewer bells ring for apparel exports this Christmas | Supply Chain India | Scoop.it

With Bangladesh and Vietnam giving a tough competition to India [ Images ], Christmas may not be as merry for apparel exporters as last year. According to industry players, exports have been dwindling by 8-10 per cent, as against an anticipation of 20 per cent growth.


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Internet Could Contribute $100 Billion to India's GDP by 2015

Internet Could Contribute $100 Billion to India's GDP by 2015 | Supply Chain India | Scoop.it

The Internet’s potential contribution to India’s gross domestic product by 2015 may leap to $100 billion by 2015, from about $30 billion in 2011, according to a new a study by McKinsey & Co.

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Time to improve global competitiveness of Indian shipyards

Time to improve global competitiveness of Indian shipyards | Supply Chain India | Scoop.it
A major victim of the 2008-09 recession, the two conjoined industries continue to suffer because of the Euro zone crisis and fall in Chinese economic growth
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Transport reforms moving at snail's pace

Transport reforms moving at snail's pace | Supply Chain India | Scoop.it
Implementation of urban transport reforms was one of the conditions put on the municipal corporations when the Union ministry of urban development sanctioned funds for procurement of buses to various cities, including Pune and Pimpri-Chinchwad. The pace of implementation of the reforms, however, has been very slow, the ministry officials said at a recent meeting.
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China's Great Wall Motor in talks for India entry - industry official

Great Wall Motor Co , China's biggest SUV maker, is in talks to set up a wholly-owned business in India, an Indian industry official said on Monday, in what would be the first Chinese car maker to enter the country alone
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India's tiger economy stalks Beijing

Despite more than a decade of strong economic growth, India has been dogged by persistently high inflation and chronically inadequate infrastructure. In an effort to tackle these problems, prime minister Manmohan Singh has amended the foreign investment rules to allow foreign retailers and supermarkets to enter India.
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India Clears A Path To Bring In Big-Box Retailers

Wal-Mart has long stirred controversy as it has moved into American towns, and many small businesses found they were unable to compete. Now the fight has come to India, where Parliament has been hotly debating whether to ease restrictions on direct foreign investment by such giant retailers.

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'Nightmare' red tape in Indian retail says UK investor

'Nightmare' red tape in Indian retail says UK investor | Supply Chain India | Scoop.it

Leading British shoemaker Pavers, one of the first retailers to be allowed to operate in India under new 100 percent foreign ownership rules, has called the nation's infamous red tape a "nightmare".

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Skill development in manufacturing sector

The economy of any nation is dependent on many sectors; agriculture, heavy and SME industries, physical infrastructure, energy and power, water resources and environment, civil and transportation industry, education, health and service industries.

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Ikea's meatballs may be on its Indian menu after all

Ikea's meatballs may be on its Indian menu after all | Supply Chain India | Scoop.it

The Indian government may allow Swedish furniture retailer Ikea to follow its global model and open stores with cafeterias that feature their signature meatballs. Commerce minister Anand Sharma said on Wednesday that the government has taken a favourable view of the matter.


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India Opens Doors For Wal-Mart and `Untouchables'

The most hotly debated issue in India in 2012 was finally resolved the first week of December, when the coalition government's decision to open up the Indian retail sector to foreign direct investment was put to a vote in both houses of parliament and went through

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Co-operatives not multinational supermarkets best for farmers in India

Co-operatives not multinational supermarkets best for farmers in India | Supply Chain India | Scoop.it

Global supermarket chains are venturing into the Indian market. But what will their investment mean for small-scale farmers?

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Foreign Companies Hone New Strategies for Indian Manufacturing Operations

Foreign Companies Hone New Strategies for Indian Manufacturing Operations | Supply Chain India | Scoop.it

Indian companies aren’t investing. The cost of money is too high; in its latest policy announcement on December 18, the Reserve Bank of India (RBI) maintained its benchmark repo rate (the rate at which the RBI lends to banks) at 8%. This was despite the official GDP forecast for 2012-2013 falling to 5.7%-5.9%, the lowest in a decade. Lower interest rates are necessary to induce companies to borrow money for investment purposes.


Big ticket foreign investments like Walmart and IKEA are still waiting for clearer rules. Besides, though foreign direct investment in multi-brand retail and aviation has been approved by both houses of Parliament, there is still considerable local opposition. No company wants to enter the country to find its stores attacked by political parties, as happened earlier with KFC.

So is the India manufacturing story – described by McKinsey & Co as a US$1 trillion opportunity by 2025 – running out of steam? Not really. While the big companies are putting projects on hold, smaller players are filling the gap.


There has been a subtle change in the purpose of these projects, however. Until recently, India was looked upon as an outsourcing base for items as diverse as auto components and fabrics. Today, the focus is more on the domestic market.


“Local manufacturing and local services are the best way to cater to the Indian market,” says Piyush Shah, managing director of Hitachi Hi-Rel Power Electronics. Hitachi, a Japanese global electronics major, has opened a new factory in Gujarat at an investment of US$11 million. This is part of Hitachi’s US$1 billion investment plan in India.


The URB Group, one of Europe’s biggest manufacturers of bearings, has announced its first manufacturing foray in India (in Rajasthan) at an investment of US$66 million. This will be its first factory outside Europe (the others are in Romania, Turkey and Hungary). URB has had a marketing presence in India since 1982. “We will be able to sell our bearings at much lower prices to manufacturing companies in several sectors,” says Harun Adiguzel, president of URB India.


Amway India, a direct-selling FMCG (fast-moving consumer goods) company, plans to set up its first manufacturing facility in Tamil Nadu at a cost of US$100 million. The company has been sourcing some 97% of its needs from third party contract manufacturers until now.


Focusing on the domestic market means that products have to be localized. To use a very basic example, electrical devices have to be configured to a 220 volt input instead of the 110 volts that is the norm in some other countries. When the Indian market wasn’t very important, foreign companies expected consumers to buy a step down adapter to be able to use the foreign model in India. Now products are being made specifically for India.

This is the other big driver in the invest-in-India movement. “India is a very diverse market in terms of consumer choices and preferences,” says Krishan Sachdev, managing director of Carrier Midea India. “This makes product localization an integral part for a consumer brand like ours. A local manufacturing facility gives us the flexibility for new product development and to quickly respond to the market dynamics. Besides, localization also helps with cost economies and reduces exposure to [foreign exchange] fluctuations.” Carrier Media is a joint venture between U.S.-based Carrier Corp. and the China-based Midea Group. It recently inaugurated a new manufacturing facility in Haryana with an investment of around US$100 million over a five- to six-year period.

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UK pizza chain, PizzaExpress now in Mumbai

PizzaExpress has entered India, through a partnership with Gourment Investments, promoted by the Bharti Family Office.
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India govt unveils five-year plan to revamp cybersecurity

India govt unveils five-year plan to revamp cybersecurity | Supply Chain India | Scoop.it
The Indian government has set in motion a five-year project to revamp cybersecurity apparatus of critical sectors in the country to meet the growing challenge of cyberattacks.
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'Silly' taxes make manufacturing Jaguar, Land Rover impossible in India, Ratan ...

'Silly' taxes make manufacturing Jaguar, Land Rover impossible in India, Ratan ... | Supply Chain India | Scoop.it
Ruling out any possibility of manufacturing Jaguar and Land Rover in India in the near future, Tata group chief Ratan Tata has said that some "silly taxes" make even their assembly here costlier than the imports.
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FDI in retail: Devil is in the execution

In the context of foreign direct investment (FDI) in retail sector in India, the UPA government may be gleeful after winning parliamentary approval but the question that keeps popping is will it succeed in creating the retail revolution? Whatever the intentions, the devil is in the execution.
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Special purpose vehicles to steer logistics, transport growth

The market for special purpose vehicles in the country is poised for significant upside as the transportation and logistics on the national highways and within cities is set for rapid growth, according to experts in the trucking business.
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How Wal-Mart got a foot in the door of India's retail market

How Wal-Mart got a foot in the door of India's retail market | Supply Chain India | Scoop.it

Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue.

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Is India ready for global retailers?

Is India ready for global retailers? | Supply Chain India | Scoop.it

We ask if letting megastores into the country's marketplace will help balance economic reforms with poverty alleviation.

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India fast emerging hub for wind power gear makers

India fast emerging hub for wind power gear makers | Supply Chain India | Scoop.it

With India set to remain among the major markets for wind power, the country is emerging as a wind turbine manufacturing hub with global and domestic majors continuing to beef up their operations here.

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